Bank of New York Mellon Corp Sells 1,656 Shares of iShares US & Intl High Yield Corp Bond ETF (BATS:GHYG)

Bank of New York Mellon Corp reduced its stake in iShares US & Intl High Yield Corp Bond ETF (BATS:GHYG) by 18.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 7,130 shares of the company’s stock after selling 1,656 shares during the period. Bank of New York Mellon Corp owned 0.24% of iShares US & Intl High Yield Corp Bond ETF worth $314,000 at the end of the most recent quarter.

iShares US & Intl High Yield Corp Bond ETF Stock Performance

Shares of GHYG stock opened at $44.61 on Friday. The company has a 50-day simple moving average of $44.65 and a 200 day simple moving average of $44.75. iShares US & Intl High Yield Corp Bond ETF has a 52 week low of $42.92 and a 52 week high of $45.88. The company has a market capitalization of $151.66 million, a price-to-earnings ratio of 10.99 and a beta of 0.52.

iShares US & Intl High Yield Corp Bond ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were issued a dividend of $0.207 per share. The ex-dividend date was Monday, March 3rd.

iShares US & Intl High Yield Corp Bond ETF Profile

The iShares US & Intl High Yield Corp Bond ETF (GHYG) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks a market-value-weighted index of high-yield bonds issued in developed markets and denominated in local currencies. GHYG was launched on Apr 3, 2012 and is managed by BlackRock.